Parma FC: no offer at the second auction (starting price: €15m), third auction on 18/05/2015

No bids were submitted to the notary Almansi Giulio in the second auction sale sequence for Parma FC (Serie A TIM) by the noon deadline on 12/05/2015, announced the bankruptcy trustees of Italian club Angelo Anedda and Alberto Guiotto on 12/05/2015. The starting price for the second auction process was set at €15m.

Judge Pietro Rogato, the bankruptcy official of the court in Parma (ITA), had authorised the two trustees who currently manage Parma FC to conduct the auction of the club on 21/04/2015. No purchase offer had been made at the first auction, with a starting price of €20m, on 06/05/2015. The starting price will be reduced by 25% for each auction sequence, thus the opening bid price is set at €11.25m for the third auction sequence which ends on 18/05/2015. If this auction fails to receive a bid, the next sequence is scheduled to begin on 22/05/2015.

• Judge Pietro Rogato authorised the continuation of the activities of Parma FC until 01/06/2015, by decision of 05/05/2015.
  • The court review of the financial situation of the club has been postponed from 21/05 to 20/07/2015 at…